This is the property that will be torn down. It was built in the 1950s.

New construction along the gulf beaches has been pretty rare lately. 

That's why news of a new condo hotel in St. Pete Beach is generating excitement. It's been a long time coming because of squabbling over long-term development rules and restrictions, but the coastal city is expected to get a new hotel by 2017.

Some of the features:

  • A third-floor swimming pool with Plexiglas sides visible from the beach.
  • A fitness room with a boxing ring.
  • A two-lane bowling alley in the lobby.

Read more about the plans here. And check out cool renderings here.